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Affordable
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These days, finding an affordable place to live in the Marion area can be challenging. Home prices in Marion are now at a median cost of $214,361, higher than the Arkansas average of $207,061.
The average cost of rent is $1,082/mo in Marion, primarily driven by the current value of real estate in the Marion area. In Marion, 31.80% of households rent, and 33.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marion is $6,769 per month. Households that rent pay about 15.98% of their income on rent here. Marion’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sunset, AR: less expensive homes
- Gammon, AR: higher priced homes
- West Memphis, AR: less expensive homes
- Jericho, AR: less expensive homes
- Clarkedale, AR: equally priced homes
- Vincent, AR: less expensive homes
- Crawfordsville, AR: less expensive homes
- Julius, AR: less expensive homes
- Proctor, AR: less expensive homes
- Edmondson, AR: less expensive homes
Cities with Similar Populations
- Cambridge, MN: higher priced homes
- South River, NJ: higher priced homes
- South Houston, TX: less expensive homes
- Smithfield, VA: higher priced homes
- Silver City, NM: equally priced homes
- Shiloh, IL: higher priced homes
- Chesnee, SC: equally priced homes
- Celina, OH: equally priced homes
- Carriere, MS: equally priced homes
- Carpinteria, CA: higher priced homes
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